Sinoma Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sinoma Science & TechnologyLtd has a total shareholder equity of CN¥26.4B and total debt of CN¥17.1B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥58.4B and CN¥31.9B respectively. Sinoma Science & TechnologyLtd's EBIT is CN¥1.2B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥1.7B.
Key information
64.7%
Debt to equity ratio
CN¥17.08b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥1.67b |
| Equity | CN¥26.42b |
| Total liabilities | CN¥31.94b |
| Total assets | CN¥58.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002080's short term assets (CN¥19.7B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 002080's short term assets (CN¥19.7B) exceed its long term liabilities (CN¥12.8B).
Debt to Equity History and Analysis
Debt Level: 002080's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: 002080's debt to equity ratio has reduced from 68.1% to 64.7% over the past 5 years.
Debt Coverage: 002080's debt is well covered by operating cash flow (37.7%).
Interest Coverage: 002080's interest payments on its debt are well covered by EBIT (3.1x coverage).